オプションチェーンは、Jabilの株式オプションの主要データを様々な行使価格と満期日で表示します。トレーダーはこの情報を使用して、潜在的な取引を分析し、Jabilの市場センチメントを評価します。.

Jabil (NYSE:JBL) 株価情報, オプションチェーン

Jabil

Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.

Jabil Inc

JetBlue Airways Corporation - Common Stock

JetBlue Airways Corp

JETBLUE AIRWAYS ORD

JABIL ORD

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer recommended buying Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>), adding that it is &#8220;such a <a href="https://www.benzinga.com/quote/JBL/analyst-ratings">good company.&#8221;</a>
On Sept. 26, Jabil reported better-than-expected fourth-quarter financial results and approved a $1 billion share buyback. Jabil reported fourth-quarter revenue of $6.96 billion, down by 17.7% year-on-year, beating the analyst consensus estimate of $6.59 billion. The print manufacturing company&#8217;s adjusted EPS of $2.30 beat the analyst consensus estimate of $2.22.
When asked about MeiraGTx Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGTX#NASDAQ">MGTX</a>), he said, &#8220;Put it away, speculate. If something great happens, terrific. If not, you won't even notice.&#8221;
On Oct. 15, MeiraGTx released topline data from its clinical bridging study of AAV-GAD for Parkinson's disease, MGT-GAD-025. MGT-GAD-025 is a 6-month, three-arm, randomized, double-blind, sham-controlled study using AAV-GAD drug product manufactured by MeiraGTx at its wholly-owned facilities with its <a href="https://www.benzinga.com/general/biotech/24/10/41339117/small-cap-meiragtx-reveals-encouraging-data-from-parkinsons-study-showing-significant-clinically-">commercial platform process</a>.
SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) is good, Cramer said.
On Oct. 29, SoFi reported third-quarter adjusted sales of $689.445 million, beating analyst estimates of $632.328 million, according to Benzinga Pro. 
The company reported third-quarter earnings of 5 cents per share, beating estimates of 4 cents per share. SoFi raised its full-year revenue forecast from a range of $2.425 billion to $2.465 billion to a new range of $2.535 billion to $2.55 billion versus estimates of $2.45 billion, according to Benzinga Pro.
Price Action:
<ul>
<li>MeiraGTx shares gained 4.8% to settle at $6.73 on Thursday.</li>
<li>Jabil shares fell 0.3% to close at $137.30 on Thursday.</li>
<li>SoFi shares gained 0.8% to settle at $11.90 during the session.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/11/41820056/how-to-earn-500-a-month-from-nvidia-stock-after-trump-win">How To Earn $500 A Month From Nvidia Stock After Trump Win</a></li>
</ul>
Image: Shutterstock

Long Ideas

News

Markets

Media

Trading Ideas

MGTX

SOFI

Jim Cramer: This Tech Stock Is A Buy, SoFi Technologies Is Good

WIIM

AEIS

ALGM

ANET

AVGO

AWRE

BELFB

BOXL

CAMT

CGNX

CLMB

CMTL

CNXN

COHR

CSCO

DELL

DGII

DIOD

EVLV

EXTR

FFIV

FLEX

FORM

FRSH

IONQ

IPGP

KEYS

KODK

LASR

LITE

NOVT

NTAP

NTCT

NVEC

Next Technology Holding Inc. - Ordinary Shares

NXTT

OSIS

PLUS

PLXS

PMTS

PSTG

QMCO

QTWO

SANM

SCSC

SITM

TTMI

VIAV

WOLF

ZBRA

Shares of companies within the broader technology sector are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

Life360 Enters Three-Year Manufacturing Agreement With Jabil To Continue Production Of Tile And Jiobit Products; Agreement Grants Jabil Rights To Use Certain IP And Includes Purchase Commitments And Termination Clauses

STEVEN RAYMUND, Director at Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>), executed a substantial insider sell on October 28, according to an SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000898293/000122520824009513//Archives/edgar/data/898293/000122520824009513/0001225208-24-009513-index.htm">U.S. Securities and Exchange Commission</a> on Monday showed that RAYMUND sold 20,000 shares of Jabil. The total transaction amounted to $2,494,096. 
Tracking the Tuesday's morning session, Jabil shares are trading at $125.22, showing a up of 0.34%.
<h3>About Jabil</h3>
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.
<h3>Unraveling the Financial Story of Jabil</h3>
Revenue Growth: Jabil's revenue growth over a period of 3 months has been noteworthy. As of 31 August, 2024, the company achieved a revenue growth rate of approximately 2.94%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 9.52%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 1.2, Jabil showcases strong earnings per share.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.88, caution is advised due to increased financial risk.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Jabil's P/E ratio of 11.17 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.54, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 6.87, Jabil presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Exploring the Significance of Insider Trading</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Essential Transaction Codes Unveiled</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000898293">Check Out The Full List Of Jabil's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Jabil Director Trades $2.49M In Company Stock

Jabil's latest-generation AMD and Intel servers offer superior performance and enhanced efficiency
Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) announced today that it is expanding its server portfolio with the J421E-S and J422-S servers, powered by AMD 5th Generation EPYC&#x2122; and Intel&#xAE; Xeon&#xAE; 6 processors.These servers are purpose-built for scalability in a variety of <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.jabil.com%2Findustries%2Fcloud-data-centers.html%3Futm_medium%3Dpr%26utm_source%3Dpress-release%26utm_campaign%3Docp-2024&amp;esheet=54135024&amp;newsitemid=20241014248073&amp;lan=en-US&amp;anchor=cloud+data+center&amp;index=1&amp;md5=77abde7934fd1084bdae526913a4cb61">cloud data center</a> applications, including AI, high-performance computing (HPC), fintech, networking, storage, databases, and security — representing the latest generation of server innovation from Jabil.

INTC

Jabil Introduces New High-Performance, Purpose-Built AMD And Intel Servers Optimized For AI, FinTech, And Cloud Applications

This acquisition will provide Jabil with critical capabilities for helping our customers manage the intense thermal requirements of their current and next-generation products while keeping sustainability and cost considerations top of mind.

Jabil Acquires Mikros Technologies LLC; No Terms Disclosed

Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $142.0, a high estimate of $157.00, and a low estimate of $130.00. Observing a 5.65% increase, the current average has risen from the previous average price target of $134.40. 
<img src="https://www.benzinga.com/files/images/story/2024/1727452833_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The standing of Jabil among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>George Wang</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$157.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Matthew Sheerin</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$140.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Ruplu Bhattacharya</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Matthew Sheerin</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$130.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Samik Chatterjee</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$133.00</td>
<td>$137.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Jabil. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Jabil compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Capture valuable insights into Jabil's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/JBL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Jabil analyst ratings.</a>
<h2>Discovering Jabil: A Closer Look</h2>
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.
<h3>Financial Milestones: Jabil's Journey</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Negative Revenue Trend: Examining Jabil's financials over 3 months reveals challenges. As of 31 May, 2024, the company experienced a decline of approximately -20.18% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Jabil's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 1.91%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Jabil's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.23%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.75%, the company showcases effective utilization of assets.
Debt Management: Jabil's debt-to-equity ratio stands notably higher than the industry average, reaching 1.43. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Expert Outlook: Jabil Through The Eyes Of 5 Analysts

Barclays analyst George Wang maintains Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) with a Overweight and raises the price target from $135 to $157.

Price Target

Barclays Maintains Overweight on Jabil, Raises Price Target to $157

Stifel analyst Matthew Sheerin maintains Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) with a Buy and raises the price target from $130 to $140.

Stifel Maintains Buy on Jabil, Raises Price Target to $140

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>HC Wainwright &amp; Co. cut the price target for Travere Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TVTX#NASDAQ">TVTX</a>) from $23 to $18. HC Wainwright &amp; Co. analyst Ed Arce maintained a Buy rating. Travere Therapeutics shares gained 3.4% to close at $15.04 on Thursday. <a href="https://www.benzinga.com/quote/TVTX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keybanc increased the price target for Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) from $8 to $11. Keybanc analyst Michael Leshock maintained an Overweight rating. Rocket Lab shares gained 0.8% to close at $8.69 on Thursday. <a href="https://www.benzinga.com/quote/RKLB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird raised MP Materials Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>) price target from $20 to $25. Baird analyst Ben Kallo maintained an Outperform rating. MP Materials shares gained 4.6% to close at $16.90 on Thursday. <a href="https://www.benzinga.com/quote/MP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stephens &amp; Co boosted ESCO Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESE#NYSE">ESE</a>) price target from $135 to $145. Stephens &amp; Co. analyst Tommy Moll maintained an Overweight rating. ESCO Technologies shares rose 1.4% to close at $126.37 on Thursday. <a href="https://www.benzinga.com/quote/ESE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird raised Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) price target from $350 to $370. Baird analyst David Koning maintained a Neutral rating. Accenture shares gained 5.6% to close at $355.81 on Thursday. <a href="https://www.benzinga.com/quote/ACN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities raised the price target for Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) from $135 to $150. B of A Securities analyst Ruplu Bhattacharya maintained a Buy rating. Jabil gained 11.7% to close at $126.65 on Thursday. <a href="https://www.benzinga.com/quote/JBL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Leerink Partners cut Agios Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGIO#NASDAQ">AGIO</a>) price target from $60 to $56. Leerink Partners analyst Andrew Berens downgraded the stock from Outperform to Market Perform. Agios Pharmaceuticals shares fell 2% to close at $48.05 on Thursday. <a href="https://www.benzinga.com/quote/AGIO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley raised the price target for Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) from $97 to $104. Morgan Stanley analyst Stephen Grambling upgraded the stock from Equal-Weight to Overweight. Wynn Resorts shares gained 8.2% to close at $91.03 on Thursday. <a href="https://www.benzinga.com/quote/WYNN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird cut Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) price target from $172 to $150. Baird analyst Tristan Gerra maintained an Outperform rating. Micron shares gained 14.7% to close at $109.88 on Thursday. <a href="https://www.benzinga.com/quote/MU/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley slashed Udemy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UDMY#NASDAQ">UDMY</a>) price target from $10 to $7.5. Morgan Stanley analyst Josh Baer downgraded the stock from Equal-Weight to Underweight. Udemy shares gained 1.3% to close at $8.13 on Thursday. <a href="https://www.benzinga.com/quote/UDMY/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying MU stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="473" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27080306/image-223-1024x473.png" alt="" class="wp-image-569670" style="width:578px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27080306/image-223-1024x473.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27080306/image-223-300x139.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27080306/image-223-768x355.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27080306/image-223.png 1430w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/09/41061511/costco-scholastic-and-3-stocks-to-watch-heading-into-friday">Costco, Scholastic And 3 Stocks To Watch Heading Into Friday</a></li>
</ul>

Pre-Market Outlook

AGIO

RKLB

TVTX

UDMY

WYNN

Micron To $150? Here Are 10 Top Analyst Forecasts For Friday

B of A Securities analyst Ruplu Bhattacharya maintains Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) with a Buy and raises the price target from $135 to $150.

B of A Securities Maintains Buy on Jabil, Raises Price Target to $150

U.S. stocks traded higher toward the end of trading, with the Dow Jones index rising more than 250 points on Thursday.
The Dow traded up 0.63% to 42,177.28 while the NASDAQ rose 0.54% to 18,179.88. The S&amp;P 500 also rose, gaining, 0.36% to 5,743.03.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/09/41045161/how-to-earn-500-a-month-from-costco-stock-ahead-of-q4-earnings">How To Earn $500 A Month From Costco Stock Ahead Of Q4 Earnings</a>
Leading and Lagging Sectors Materials shares jumped by 1.9% on Thursday.
In trading on Thursday, energy shares fell by 2%.
Top Headline
Accenture Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) reported better-than-expected earnings for its fourth quarter.
The company posted quarterly sales of $16.41 billion compared with the analyst consensus estimate of $16.39 billion, up 3% Y/Y in U.S. dollars and 5% in local currency. The adjusted EPS of $2.79 topped the analyst consensus estimate of $2.77.
Accenture declared a quarterly cash dividend of $1.48 per share, implying a growth of 15%. The board approved $4.0 billion in additional share repurchase authority, bringing Accenture's total outstanding authority to approximately $6.7 billion.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Telesis Bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBIO#NASDAQ">TBIO</a>) shares shot up 43% to $3.31 after the company announced a partnership with Beckman Coulter Life Sciences to revolutionize DNA and mRNA synthesis.</li>
<li>Shares of Pasithea Therapeutics Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KTTA#NASDAQ">KTTA</a>) got a boost, surging 62% to $6.24 after the company announced safety, tolerability, pharmacokinetic and preliminary efficacy data from the first 2 cohorts of patients in its Phase 1 clinical trial of PAS-004.</li>
<li>Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) shares were also up, gaining 11% to $125.56 after the company reported better-than-expected fourth-quarter financial results and approved a $1 billion share buyback.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Concentrix Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXC#NASDAQ">CNXC</a>) shares dropped 16% to $53.29 following mixed third-quarter financial results.</li>
<li>Shares of Ryde Group Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RYDE#NYSE">RYDE</a>) were down 32% to $0.7792 after the company announced a $4.5 million public offering at $0.85 per unit.</li>
<li>MDxHealth SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDXH#NASDAQ">MDXH</a>) was down, falling 21% to $2.00 after the company announced the pricing of a $40 million offering of 20 million shares at $2.00 per share</li>
</ul>
Commodities In commodity news, oil traded down 2.5% to $67.95 while gold traded up 0.2% at $2,690.70.
Silver traded up 0.9% to $32.315 on Thursday, while copper rose 3.1% to $4.6290.
Euro zone
European shares closed higher today. The eurozone's STOXX 600 gained 1.25%, Germany's DAX climbed 1.69% and France's CAC 40 jumped 2.33%. Spain's IBEX 35 Index rose 1.36%, while London's FTSE 100 rose 0.20%.
Bank lending to households in the Eurozone increased by 0.6% year-over-year to €6.891 trillion in August compared to a 0.5% rise in the prior month. The GfK Consumer Climate Indicator for Germany climbed to a reading of -21.2 heading into October versus a revised reading of -21.9 in the prior period.
Asia Pacific Markets
Asian markets closed mostly higher on Thursday, with Japan's Nikkei 225 jumping 2.79%, Hong Kong's Hang Seng Index jumping 4.16%, China's Shanghai Composite Index gaining 3.61% and India's BSE Sensex gaining 0.78%.
Hong Kong&#8217;s trade deficit widened to $33.1 billion in August versus $25.6 billion in the year-ago month.
Economics
<ul>
<li>U.S. core PCE prices increased by 2.8% from the prior quarter during the second quarter compared to a 3.7% gain in the previous period.</li>
<li>U.S. durable goods orders came in mostly unchanged from the previous month in August versus the revised 9.8% jump in the earlier period.</li>
<li>U.S. initial jobless claims fell by 4,000 from the prior week to 218,000 during the period ending September 21, compared to estimates of 225,000.</li>
<li>The US economy expanded at an annualized rate of 3% during the second quarter versus a revised 1.6% increase in the first quarter.</li>
<li>Pending home sales in the U.S. rose by 0.6% from the prior month in August versus market estimates of a 0.3% increase.</li>
<li>U.S. natural-gas stocks rose 47 billion cubic feet in the week ended Sept. 20, compared to market estimates of a 52 bcf gain.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/41045737/top-3-materials-stocks-youll-regret-missing-this-quarter">Top 3 Materials Stocks You&#8217;ll Regret Missing This Quarter</a></li>
</ul>

Earnings

Equities

Eurozone

Commodities

CNXC

KTTA

MDXH

RYDE

TBIO

Dow Surges Over 250 Points; Accenture Earnings Top Views

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/27/24</td>
<td>$125.00</td>
<td>$32.5K</td>
<td>10.3K</td>
<td>73.9K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$227.50</td>
<td>$25.2K</td>
<td>18.6K</td>
<td>51.4K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$20.00</td>
<td>$29.0K</td>
<td>25.7K</td>
<td>6.6K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$435.00</td>
<td>$29.2K</td>
<td>3.4K</td>
<td>4.6K</td>
</tr>
<tr>
<td>DOCN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$42.50</td>
<td>$35.0K</td>
<td>3.7K</td>
<td>1.6K</td>
</tr>
<tr>
<td>PGY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$29.4K</td>
<td>1.0K</td>
<td>413</td>
</tr>
<tr>
<td>ACN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$350.00</td>
<td>$25.4K</td>
<td>666</td>
<td>399</td>
</tr>
<tr>
<td>JBL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$120.00</td>
<td>$30.6K</td>
<td>689</td>
<td>360</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$38.00</td>
<td>$33.0K</td>
<td>3.1K</td>
<td>290</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$220.00</td>
<td>$34.9K</td>
<td>1.3K</td>
<td>269</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a put option trade with neutral sentiment. It expires in 1 day(s) on September 27, 2024. Parties traded 100 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $325.0 per contract. There were 10322 open contracts at this strike prior to today, and today 73990 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 27, 2024. Parties traded 252 contract(s) at a $227.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $100.0 per contract. There were 18626 open contracts at this strike prior to today, and today 51421 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bearish, expiring in 113 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $20.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $290.0 per contract. There were 25783 open contracts at this strike prior to today, and today 6686 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on October 4, 2024. This event was a transfer of 100 contract(s) at a $435.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $292.0 per contract. There were 3437 open contracts at this strike prior to today, and today 4628 contract(s) were bought and sold. 
• For DOCN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCN#NYSE">DOCN</a>), we notice a call option trade that happens to be bearish, expiring in 22 day(s) on October 18, 2024. This event was a transfer of 200 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $175.0 per contract. There were 3702 open contracts at this strike prior to today, and today 1649 contract(s) were bought and sold. 
• For PGY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGY#NASDAQ">PGY</a>), we notice a call option sweep that happens to be bullish, expiring in 113 day(s) on January 17, 2025. This event was a transfer of 190 contract(s) at a $10.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $155.0 per contract. There were 1001 open contracts at this strike prior to today, and today 413 contract(s) were bought and sold. 
• Regarding ACN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 27, 2024. Parties traded 62 contract(s) at a $350.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $410.0 per contract. There were 666 open contracts at this strike prior to today, and today 399 contract(s) were bought and sold. 
• For JBL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>), we notice a call option trade that happens to be bearish, expiring in 22 day(s) on October 18, 2024. This event was a transfer of 42 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $30.6K, with a price of $730.0 per contract. There were 689 open contracts at this strike prior to today, and today 360 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option sweep that happens to be bullish, expiring in 813 day(s) on December 18, 2026. This event was a transfer of 112 contract(s) at a $38.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $295.0 per contract. There were 3169 open contracts at this strike prior to today, and today 290 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be neutral, expiring in 113 day(s) on January 17, 2025. This event was a transfer of 92 contract(s) at a $220.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $34.9K, with a price of $380.0 per contract. There were 1326 open contracts at this strike prior to today, and today 269 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AAPL

DOCN

MARA

MSFT

NVDA

10 Information Technology Stocks With Whale Alerts In Today's Session

U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Thursday.
Shares of Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) rose sharply in today's session after the company reported better-than-expected fourth-quarter financial results and approved a $1 billion share buyback.
Jabil reported fourth-quarter revenue of $6.96 billion, down by 17.7% year-on-year, beating the analyst consensus estimate of $6.59 billion. The print manufacturing company's adjusted EPS of $2.30 beat the analyst consensus estimate of $2.22.
Jabil shares jumped 11.2% to $126.18 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>SBC Medical Group Holdings Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBC#NYSE">SBC</a>) jumped 25.4% to $10.01.</li>
<li>Gaotu Techedu Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOTU#NYSE">GOTU</a>) shares jumped 25.4% to $3.65.</li>
<li>Adaptive Biotechnologies Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADPT#NASDAQ">ADPT</a>) gained 24.1% to $4.9650.</li>
<li>TAL Education Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAL#NYSE">TAL</a>) gained 21.7% to $10.13.</li>
<li>Ispire Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPR#NASDAQ">ISPR</a>) surged 18.6% to $6.91 following FY24 financial results.</li>
<li>Studio City International Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSC#NYSE">MSC</a>) gained 17.8% to $7.43.</li>
<li>KE Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEKE#NYSE">BEKE</a>) surged 17.4% to $19.22. Shares of Chinese stocks traded higher following a report suggesting China will issue up to $284 billion of sovereign debt as part of a stimulus.</li>
<li>H World Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTHT#NASDAQ">HTHT</a>) gained 16.7% to $36.60. Shares of Chinese stocks traded higher following a report suggesting China will issue up to $284 billion of sovereign debt as part of a stimulus.</li>
<li>New Oriental Education &amp; Technology Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDU#NYSE">EDU</a>) gained 14.4% to $71.19.</li>
<li>Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) gained 14.2% to $109.37 following strong quarterly results.</li>
<li>Yum China Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>) jumped 14.2% to $43.60.</li>
<li>The Estée Lauder Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) gained 10% to $100.78.</li>
<li>Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) climbed 9.9% to $31.19 after the company announced it plans a $2.5 billion share repurchase program and issued its third-quarter RASM guidance. Also, the company announced it reduced headcount through controlled hiring and attrition and has contracts with all labor groups.</li>
<li>Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) gained 9.7% to $104.73 following a report suggesting China will issue up to $284 billion of sovereign debt as part of a stimulus.</li>
<li>Trip.com Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>) rose 9.1% to $55.74.</li>
<li>Celanese Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) gained 6.6% to $138.71.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/41045737/top-3-materials-stocks-youll-regret-missing-this-quarter">Top 3 Materials Stocks You&#8217;ll Regret Missing This Quarter</a></li>
</ul>

Movers

ADPT

BABA

BEKE

New Oriental Education & Technology Group

GSX Techedu Inc. American Depositary Shares

GOTU

HTHT

ISPR

TCOM

YUMC

Jabil Posts Upbeat Earnings, Joins Micron Technology, Southwest Airlines And Other Big Stocks Moving Higher On Thursday

Guidance

CORRECTION: Jabil Expects FY25 Revenue Of $27B Vs $27.19B Est, Adj EPS Of $8.65 Vs $8.64 Est

Jabil Inc&nbsp;(NYSE:&nbsp;JBL) reported fourth-quarter revenue of $6.96 billion, down by 17.7% year-on-year, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b41043470/jabil-posts-fourth-quarter-and-fiscal-year-2024-results" rel="noreferrer noopener">analyst consensus estimate&nbsp;of $6.59 billion</a>.&nbsp;
The print manufacturing company&#8217;s adjusted EPS of $2.30 beat the&nbsp;analyst consensus estimate of $2.22.
Segments: Diversified Manufacturing Services (DMS) revenue declined <a target="_blank" href="https://investors.jabil.com/overview/default.aspx" rel="noreferrer noopener">by 22% Y/Y</a>, and Electronics Manufacturing Services (EMS) revenue fell by&nbsp;13% Y/Y.
The company held $2.20 billion in cash and equivalents as of August-end. Operating cash flow for the year totaled $1.72 billion, with an adjusted free cash flow of $1.05 billion.
CEO Mike Dastoor: &#8220;While short-term demand is facing challenges in certain end-markets, we are confident that in the mid-to-long term, we are well-positioned to capitalize on secular trends in areas such as datacenter power and cooling, electric and hybrid vehicles, healthcare and pharmaceutical delivery solutions, semiconductor equipment, and warehouse automation.&#8221;
Buyback: The board authorized a share repurchase program of up to $1 billion in common stock.
Q1 Outlook: Jabil expects first-quarter revenue of $6.3 billion – $6.9 billion (consensus: $6.47 billion) and adjusted EPS to $1.65 – $2.05 (consensus: $1.84).
FY25 guidance: The company expects revenue of $27.0 billion (versus consensus: $27.19 billion) and adjusted EPS of $8.65 (versus estimate of $8.64).
Price Action: JBL stock is up 8.88% at $123.50 premarket at the last check Thursday.

Buybacks

Jabil's Q4: Earnings Beat, $1B Buyback, FY25 Guidance And More

CORRECTION: Jabil Expects Q1 Revenue Of $6.30B-$6.90B vs $6.47B Est, Adj EPS Of $1.65-$2.05 vs $1.84 Est

Jabil shares are trading higher after the company reported better-than-expected Q4 financial results and approved a $1 billion share buyback.

Capital Return Update:
The Board of Directors has authorized a share repurchase program of up to $1 billion in common stock. The shares will be repurchased from time-to-time using various methods, including in the open market at the Company's discretion and subject to market conditions and other factors.

Jabil Board Approved A Share Buyback Of Up To $1B

Earnings Beats

Jabil Q4 2024 Adj. EPS $2.30 Beats $2.22 Estimate, Sales $6.964B Beat $6.586B Estimate

The technology industry is well-positioned for significant growth thanks to the growing demand for tech-driven solutions. Amid this backdrop, it could be wise to buy tech stocks, such as Accenture (ACN), Jabil (JBL), and Progress Software (PRGS), which are set for big moves after earnings. Continue reading… The increasing availability of the internet worldwide has enabled the creation of new digital markets, products, and services. More people are connected than ever before, allowing businesses to reach larger global audiences.
Thus, investors could consider adding fundamentally sound tech stocks Accenture plc (<a href="https://stocknews.com/stock/ACN/">ACN</a>), Jabil Inc. (<a href="https://stocknews.com/stock/JBL/">JBL)</a>, and Progress Software Corporation (<a href="https://stocknews.com/stock/PRGS/">PRGS</a>), which are set for big moves after their earnings.
Companies are actively seeking automation solutions to boost productivity and streamline processes. This strategic focus on efficiency is a key driver behind the increased demand for IT services in automation.
Moreover, companies are concentrating increasingly on digital transformation projects, which call for IT services for security solutions, software deployment, and infrastructure upgrades. For instance, the software market is expected to grow at a <a href="https://www.statista.com/outlook/tmo/software/worldwide">5.3% CAGR</a> from 2024 to 2028, reaching $858.10 billion.
Considering these factors, let's take a look at the fundamentals of the three tech stock picks.
Accenture plc (<a href="https://stocknews.com/stock/ACN/">ACN</a>)
ACN is a professional services company that provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, intelligent automation, and application management services, as well as software engineering services, strategy and consulting services.
ACN's 1.21x trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> is 95.5% higher than the 0.62x industry average. Furthermore, the stock's 15.46% trailing-12-month EBIT margin is 215.3% higher than the 4.90% industry average.
ACN's revenues for the fiscal fourth quarter that ended August 31, 2024, increased 2.6% from the year-ago value to $16.41 billion. Its non-GAAP net income stood at $7.75 million, up 2.2% over the prior-year quarter. Also, its non-GAAP earnings per share grew 2.4% year-over-year to $11.95.
Analysts expect ACN's revenue for the quarter ending November 30, 2024, to increase 6.3% year-over-year to $17.24 billion. Its EPS is expected to increase 4.6% year-over-year to $3.42 for the same quarter. The company surpassed Street EPS estimates in each of the trailing four quarters, which is impressive.
The stock has gained 5.3% over the past month, closing the last trading session at $362.24.
ACN's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
ACN has an A grade for Quality and a B for Sentiment and Stability. It is ranked #4 out of nine stocks in the A-rated <a href="https://stocknews.com/category/outsourcing-tech-services/">Outsourcing - Tech Services</a> industry.
Beyond what is stated above, we've also rated ACN for Growth, Momentum, and Value. Get all ACN ratings <a href="https://stocknews.com/stock/ACN/">here</a>.
Jabil Inc. (<a href="https://stocknews.com/stock/JBL/">JBL)</a>
JBL provides global manufacturing services across two segments: Electronics Manufacturing Services and Diversified Manufacturing Services. The company specializes in electronics design, production, product management, circuit design, firmware development, prototyping, and the design of plastic and metal enclosures with integrated electro-mechanical components like PCBA.
On October 3, 2024, JBL announced the successful acquisition of Mikros Technologies LLC, a leader in the engineering and manufacturing of liquid cooling solutions for thermal management.
This acquisition will provide JBL with critical capabilities to help its customers manage the intense thermal requirements of their current and next-generation products while keeping sustainability and cost considerations at the forefront.
JBL's 1.57x trailing-12-month asset turnover ratio is 153.5% higher than the 0.62x industry average. Furthermore, the stock's 4.98% trailing-12-month EBIT margin is 1.5% higher than the 4.90% industry average.
JBL's net revenue for the second quarter ended August 31, 2024, stood at $6.96 billion. The company's gross profit stood at $633 million. Its non-GAAP core earnings stood at $270 million, and core earnings per share were reported at $2.30.
Street expects JBL's revenue to increase 6.3% year-over-year to $28.74 billion for the year ending August 2026. The company's EPS for the same quarter is expected to increase 15.7% year-over-year to $10.06. Also, JBL surpassed the consensus revenue and EPS estimates in three of the trailing four quarters, which is impressive.
The stock has gained 10.5% over the past three months to close the last trading session at $121.66.
JBL's robust fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which equates to a Buy in our proprietary rating system.
The stock has a B grade for Growth, Value, Quality, and Momentum. JBL is ranked #15 out of 76 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry.
<a href="https://stocknews.com/stock/JBL/">Click here</a> to access the additional JBL ratings (Sentiment and Stability).
Progress Software Corporation (<a href="https://stocknews.com/stock/PRGS/">PRGS</a>)
PRGS develops, deploys, and manages business applications internationally. The company offers OpenEdge, Chef, Developer Tools, Kemp LoadMaster, Sitefinity, MOVEit, DataDirect, WhatsUp Gold, Flowmon, Corticon, MarkLogic, and Semaphore.
PRGS's 19.55% trailing-12-month EBIT margin is 298.8% higher than the 4.90% industry average. Furthermore, the stock's 86.28% trailing-12-month gross profit margin is 73.6% higher than the 49.71% industry average.
PRGS' revenue for the fiscal third quarter ended August 31, 2024, grew 2% year-over-year to $178.69 million. Its non-GAAP net income and non-GAAP EPS came in at $55.22 million and $1.26, representing increases of 13.3% and 4% year-over-year, respectively.
Street expects PRGS' EPS and revenue for the quarter ending November 2024 to increase 20.2% and 179% year-over-year to $1.23 and $209.36 million, respectively. It surpassed Street revenue and EPS estimates in each of the trailing four quarters.
The stock gained 13.9% over the past month, closing the last trading session at $66.29.
PRGS' POWR Ratings reflect bright prospects. The stock has an overall rating of B, which equates to a Buy in our proprietary rating system.
The stock has an A grade for Quality and a B for Value. PRGS is ranked #11 in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry.
In addition to the POWR Ratings highlighted above, one can access PRGS' ratings (Growth, Momentum, Stability, and Sentiment) <a href="https://stocknews.com/stock/PRGS/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
ACN shares were trading at $357.31 per share on Monday afternoon, down $4.93 (-1.36%). Year-to-date, ACN has gained 3.04%, versus a 20.98% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/acn-jbl-prgs-3-tech-stocks-set-for-big-moves-after-earnings/>3 Tech Stocks Set for Big Moves After Earnings</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks Set for Big Moves After Earnings

The most crowded longs and shorts in hardware & telecom equipment – Jefferies

Jabil declares $0.08 dividend

Many investors like to buy companies that return gobs of cash to investors through a combination of stock repurchases and dividends. A high return ...

GM, Wells Fargo among stocks with high total yields, Barron's says

Jabil Inc. (JBL) has disclosed a new risk, in the Litigation & Legal Liabilities category. Jabil Inc. is exposed to potential financial and reputat...

Jabil Inc. Faces Financial and Reputational Risks Amid Ongoing Legal Challenges

JPM: Tech stocks likely to be helped, hurt by potential policies after U.S. elections

In a regulatory filing, Jabil (JBL) chief procurement officer Francis McKay disclosed the sale of 11,755 common shares of the company on October 31...

Jabil CPO McKay sells 11,755 common shares

As Q4 nears, undervalued tech stocks offer growth potential, especially in sectors like AI. Therefore, you might want to tap into this opportunity to invest in undervalued tech stocks like TD SYNNEX Corp (SNX), Jabil (JBL), and Dropbox (DBX) for long-term gains. Read on… As the tech sector heads into Q4 with factors like recent market corrections, profit-taking after a volatile year, and stronger-than-expected earnings in sub sectors like cloud computing and semiconductors, the companies are showing signs of potential rebound.
Amid this backdrop, investors looking for an opportunity to invest might consider adding strong fundamental tech stocks, TD SYNNEX Corporation (<a href="https://stocknews.com/stock/SNX/">SNX</a>), Jabil Inc. (<a href="https://stocknews.com/stock/JBL/">JBL</a>), and Dropbox, Inc. (<a href="https://stocknews.com/stock/DBX/">DBX</a>), as they are trading at discounts.
With market sentiment starting to improve and economic data stabilizing, there has been a bull market momentum for tech stocks. Out of eleven S&amp;P 500 sectors, the information technology sector is ranked ninth, where it is the largest sector, comprising <a href="https://www.usbank.com/investing/financial-perspectives/market-news/investing-in-tech-stocks.html">nearly 32% of the index's value</a>.
As companies lean more into digital transformation, tech stocks in software, hardware, and cloud sectors are anticipated to benefit from increasing demand. For the tech sector specifically, analysts are optimistic about a potential return to modest growth in 2024, <a href="https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/technology-industry-outlook.html">with more robust prospects for 2025</a>. As per the Deloitte report, economists project that AI-related investments <a href="https://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology-media-telecommunications/2024-tmt-outlook-technology.pdf">will reach $200 billion</a> globally by 2025.
According to <a href="https://www.statista.com/outlook/tmo/it-services/worldwide">Statista</a>, the global IT services market is anticipated to reach $1.88 trillion by 2029, growing at a CAGR of 5.8%. Moreover, analysts expect growth-oriented stocks to recover, especially those with proven innovation and robust cash flows, setting the stage for undervalued tech stocks to gain renewed interest.
Considering these conducive trends, let's assess the fundamentals of the three abovementioned <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> stocks, starting with the third choice.
Stock #3: TD SYNNEX Corporation (<a href="https://stocknews.com/stock/SNX/">SNX</a>)
SNX operates as a global distributor and solutions aggregator for the IT ecosystem. It has two primary solution portfolios: Endpoint Solutions and Advanced Solutions. The company provides personal computing devices, endpoint technology software, and a range of data center technologies, including hybrid cloud, security, storage, networking, servers, and computing components.
On October 15, SNX's subsidiary, Hyve Solutions Corporation, announced the launch of its Orion product line featuring the NVIDIA HGX platform. These solutions are optimized for the NVIDIA Hopper platform and are fully compatible with the NVIDIA Blackwell platform, ensuring customers address both present and emerging AI computational needs. The new launch offers a seamless solution to the customers.
On October 10, SNX launched its Destination AI Practice Accelerator to fast-track AI go-to-market efforts and monetization for partners. This launch enables partners to identify AI opportunities for their end customers and build an AI practice to meet those needs with a customized strategy and support.
In terms of forward non-GAAP <a href="https://www.investopedia.com/terms/p/price-earningsratio.asp">P/E</a>, SNX is trading at 9.86x, 58.9% lower than the industry average of 24.00x. Likewise, the stock's forward EV/Sales and Price/Sales multiples of 0.22 and 0.17 are 92.4% and 94.2% lower than their respective industry averages of 2.95 and 2.93.
In the fiscal third quarter that ended on August 31, 2024, SNX's revenue increased 5.2% year-over-year to $14.68 billion. The company reported an operating income[AD1]  of $302.88 million, indicating a 26.1% growth from the prior-year quarter.
SNX's net income came in at $178.56 million, up 28.2% year-over-year, while its non-GAAP earnings per share grew 2.9% from the year-ago value to $2.86.
Analysts expect SNX's revenue for the fiscal year (ending November 2024) to increase marginally year-over-year to $57.90 billion, while its EPS for the same period is expected to grow 3.53%from the prior year's period to $11.66.
The stock has gained 24.2% over the past year and 14.4% over the past nine months to close the last trading session at $115.50.
SNX's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
SNX has a B grade for Value and Sentiment. It is ranked #18 out of 77 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry. <a href="https://stocknews.com/stock/SNX/">Click here</a> to see the additional ratings for SNX (Growth, Momentum, Stability, and Quality).
Stock #2: Jabil Inc. (<a href="https://stocknews.com/stock/JBL/">JBL</a>)
JBL is a worldwide provider of manufacturing services and solutions. It operates in two segments: Electronics Manufacturing Services and Diversified Manufacturing Services. The company specializes in electronics design, production, product management, circuit design, firmware development, prototyping, and the design of plastic and metal enclosures with integrated electro-mechanical components like PCBA.
On October 14, JBL introduced an expansion of its server portfolio with the J421E-S and J422-S servers, powered by AMD 5th Generation EPYC and Intel Xeon 6 processors. This addition is efficient, high in performance, and optimized for AI, FinTech, and cloud applications.
On October 3, JBL completed its acquisition of Mikros Technologies LLC, a leader in the engineering and manufacturing of liquid cooling solutions for thermal management. This acquisition will allow JBL to extend its range of services and will also help its customers manage the intense thermal requirements of their current and next-generation products.
In terms of forward non-GAAP P/E, JBL is trading at 15.07x, 37.2% lower than the industry average of 24.00x. Likewise, the stock's forward EV/Sales and Price/Cash Flow multiples of 0.58 and 0.53 are 80.2% and 81.8% lower than the industry averages of 2.95x and 2.93x, respectively.
JBL's net revenue for the fiscal 2024, which ended on August 31, stood at $28.88 billion. Its operating income grew 31% from the prior year's period to $2.01 billion.
The company's net income attributable rose 69.7% from the year-ago value to $1.39 billion, while its EPS stood at $11.17, up 85.5% year-over-year. In addition, JBL's adjusted free cash flow rose 2.8% from the year-ago value to $1.06 million.
Street expects SNX's revenue for the fiscal third quarter (ending May 2025) to increase marginally year-over-year to $6.81 billion. Its EPS for the same period is expected to register a 20.1% growth from the prior year, settling at $2.27. In addition, it surpassed the EPS in three of the trailing four quarters, which is promising.
JBL shares have surged 17.1% over the past three months and 11.6% over the past six months to close the last trading session at $127.67.
It's no surprise that JBL has an overall rating of B, equating to a Buy in our POWR Ratings system. It has an A grade for Momentum and a B for Growth, Value, and Quality. Out of 77 stocks in the same industry, JBL is ranked #8.
Beyond what is stated above, we've also rated JBL for Stability and Sentiment. Get all JBL's ratings <a href="https://stocknews.com/stock/JBL/">here</a>.
Stock #1: Dropbox, Inc. (<a href="https://stocknews.com/stock/DBX/">DBX</a>)
DBX provides tools to help distributed teams prioritize, get organized, and keep work moving securely from anywhere. The company's platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app and upgrade to a paid subscription plan for premium features.
On October 15, DBX announced Dropbox Dash for Business, an AI-powered universal search product. This launch makes it easy for teams to find, organize, share, and secure company information, which helps save time and cost.
In terms of forward non-GAAP P/E, DBX is trading at 11.60x, which is 51.7% lower than the industry average of 24.00x. The stock's forward Price/Cash Flow ratio of 8.88x is 58.5% below the industry average of 21.38x. Also, its forward EV/EBITDA multiple of 9.31 compares to the industry average of 14.51x.
For the second quarter of 2024, which ended on June 30, DBX's total revenues increased marginally year-over-year to $634.50 million. Its non-GAAP income from operations stood at $227.90 million, indicating a 6.9% growth from the prior-year quarter, with a non-GAAP operating margin of 35.9% (up 170 bps year-over-year).
DBX's non-GAAP net income amounted to $194.10 million and $0.60 per share, reflecting 11.6% and 17.6% year-over-year increases, respectively. Also, the company's non-GAAP free cash flow grew by 21.7% from the year-ago value to $224.7 million.
The consensus revenue estimate of $642.81 million for the fiscal fourth quarter (ending December 2024) represents a marginal increase year-over-year. The consensus EPS estimate of $0.53 for the same quarter indicates a 5.1% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
Over the past three months, the stock has gained 11.9%, closing the last trading session at $25.98.
DBX's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It also has an A grade of Quality and a B for Value. Within the Technology - Services industry, it is ranked #6. <a href="https://stocknews.com/stock/DBX/">Click here</a> to see DBX's ratings for Growth, Momentum, Stability, and Sentiment.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
JBL shares were trading at $128.32 per share on Monday afternoon, up $0.65 (+0.51%). Year-to-date, JBL has gained 0.93%, versus a 21.27% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/jbl-snx-dbx-3-undervalued-tech-stocks-to-buy-before-q4-rallies/>3 Undervalued Tech Stocks to Buy Before Q4 Rallies</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Undervalued Tech Stocks to Buy Before Q4 Rallies

ACVF

AXON

CIEN

CMCSA

DEMZ

EXPE

KRUZ

LOGI

MAGA

NANC

PRGS

QCOM

SMCI

YALL

Press Releases

Jabil Declares Quarterly Dividend

Jabil Earns Fourth Consecutive Top Score on Disability Equality Index

Jabil CEO Michael Dastoor Appointed to Board of Directors

Jabil Announces Date for Fourth Quarter and Fiscal Year 2024 Earnings Release and 7th Annual Investor Briefing

Jabil Expands Silicon Photonics Capabilities to Enable Next-Generation AI and Data Center Technologies

Jabil Posts Fourth Quarter and Fiscal Year 2024 Results

Jabil Acquires Mikros Technologies to Support Demand for Liquid Cooling in AI Data Centers

Jabil Introduces New High-Performance, Purpose-Built AMD and Intel Servers Optimized for AI, FinTech, and Cloud Applications

Axiado and Jabil Collaborate to Deliver AI-Driven, Hardware-Anchored Platform Security and OCP-Compliant Server Solutions

Comments

Jabil

Jabil (JBL) オプション

Jabil (NYSE:JBL) 株価情報, オプションチェーン

ニュース

パートナーシップ

ベンジンガ・グローバル